| Product Code: ETC387504 | Publication Date: Aug 2022 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The India oyster market import shipment demonstrated robust growth from 2020 to 2024, with a high CAGR of 49.5%. However, there was a notable decline in growth rate between 2023 and 2024, indicating a temporary slowdown in the market expansion. Overall, the market exhibited strong momentum but experienced a slight stabilization towards the end of the period.
The oyster market in India is estimated to be worth over INR 4,000 crore. The majority of the production comes from Gujarat, which accounts for more than 51% of total India production. Tamil Nadu and Andhra Pradesh are the other major producers with an average annual production of 10-15 lakh tonnes each. The consumption of oysters in India is increasing year on year due to its availability at reasonable prices and its nutritional value. In 2025?17, approximately 11 lakh tonnes were consumed in India.
The demand for oysters in India has been steadily increasing, driven by factors such as changing food preferences, a growing culinary culture, and rising awareness of the health benefits of oyster consumption. Oysters are considered a delicacy and are often associated with premium dining experiences, which has contributed to their popularity.
The oyster market in India experiences challenges related to consumer acceptance and culinary preferences. Oysters are not a traditional part of the India diet, leading to limited demand and unfamiliarity with their preparation and consumption. Additionally, issues with product quality and handling during the supply chain can impact the market`s growth. Promoting oyster-based culinary experiences and ensuring consistent product quality are essential steps to expand the oyster market in India.
The India oyster market has been expanding, driven by an increased appreciation for oyster-based cuisine and the growing popularity of raw bars and seafood restaurants. However, the market faced challenges during the Covid-19 pandemic, as restaurants and hospitality establishments experienced reduced footfall. As the pandemic subsides, the oyster market is likely to witness a revival, supported by the country`s evolving culinary scene and consumers` willingness to explore diverse seafood options.
The India oyster market benefits from the popularity of oysters in various culinary preparations. Companies like Ananda Aqua Exports and Suryamitra Exim play a pivotal role in supplying oysters to meet consumer demand.